Is Post Office FD safe?
However, post office term deposits are totally risk-free as they are backed by the government.
Bank FDs are insured only up to R1 lakh.
If you are looking for a safe investment, bank FDs are suitable for you..
Which bank has highest FD interest rate?
FD Rates by Top Banks – A ComparisonHighest FD Rates** (p.a.)Bank/Tenure1 year3 yearsYES Bank6.75%7.25%ICICI Bank5.00%5.65%HDFC Bank5.10%5.60 %16 more rows•May 11, 2020
Which bank is best for fixed deposit in 2020?
DBS. BEST FOR. Low minimum deposit. INTEREST RATES. … Maybank. BEST FOR. Promotions for online deposits. INTEREST RATES. … ICBC. BEST FOR. Short tenure. INTEREST RATES. … Hong Leong. BEST FOR. Considerate and fair conditions. INTEREST RATES. … CIMB. BEST FOR. Same interest rates for 3 months up to 1 year. INTEREST RATES.
Which bank has highest fixed deposit rate in Malaysia?
Best Fixed Deposit Promos – October 2020BankEffective Rate (% p.a.)TenureHong Leong Bank (eFixed Deposit/eFixed Deposit-i)2.303 monthsOCBC Bank (Premier Deal)2.903 monthsOCBC Bank (Online FD Promo)1.9510 monthsPublic Bank (Fixed Deposit/Term Deposit-i)– 2.08 (3 months) – 2.28 (8 months)– 3 months – 8 months3 more rows•Oct 1, 2020
Which is the best FD plan?
List of 10 best FD schemes for 3 yearsFincare Small Finance Bank. Fincare offers better rates of interest when compared to other banks in the industry. … KTDFC. … Shriram City. … Mahindra Finance. … Sundaram Finance. … LVB. … ICICI Home Finance. … Yes Bank.More items…